Huawei energy storage power station revenue source

Does Huawei use green energy?

Huawei's digital power solutions have helped customers generate 1.4113 trillion kWh of green power, driving the transition to renewable energy. The average energy efficiency of Huawei's main products in 2024 was 3 times as high as in 2019 (base year). Huawei used more than 3 billion kWh of clean energy in its own operations.

How much energy does Huawei use in 2024?

The average energy efficiency of Huawei's main products in 2024 was 3 times as high as in 2019 (base year). Huawei used more than 3 billion kWh of clean energy in its own operations. Nearly 1 million devices have extended their lifespan through our trade-in program.

How much does Huawei invest in R&D?

Every year, Huawei invests over 10% of its sales revenue into R&D. In 2024, our total R&D spending reached CNY179.7 billion, representing 20.8% of our total revenue. Our total R&D investment over the last decade now exceeds CNY1.249 trillion. On December 31, 2024, 113,000 employees (about 54.1% of our workforce) worked in R&D.

How much money does Huawei spend on R&D in 2024?

Note: During 2024, our revenue derived from the cloud computing business, including revenue from other Huawei segments, amounted to CNY68,801 million. Every year, Huawei invests over 10% of its sales revenue into R&D. In 2024, our total R&D spending reached CNY179.7 billion, representing 20.8% of our total revenue.